CAE Granted More Than C$100 Mln In Defence And Security Orders

(RTTNews) - Canadian aviation-training and simulation products provider CAE Inc. (CAE, CAE.TO) announced Tuesday that it has booked orders valued at more than C$100 million to provide a range of simulator upgrades and training services for defence and security customers.

The orders, which are part of CAE's third quarter fiscal year 2014 order intake, include developing a comprehensive emergency management and crisis management centre of excellence for Brunei's Ministry of Home Affairs and providing long-term training services, providing C-130 simulator upgrades and support services for the U.S. Air Force, and a range of other contracts.

As per the 10-year training services contract, the CAE Brunei Multi-Purpose Training Centre or MPTC will establish an Emergency Management and Crisis Management Centre of Excellence to support the Brunei Ministry of Home Affairs and Brunei National Disaster Management Centre or NDMC.

The company stated that the long-term training services contract includes options to extend the emergency and crisis management training services to twenty-five years. The CAE Brunei MPTC will work closely with CAE's Integrated Enterprise Solutions group to develop a comprehensive emergency and crisis management capability and training program. The overall solution will include development of training courses and implementation of modelling and simulation software tools and processes.